If you’re concerned about a company’s commission structure, make sure in your interviews and when networking to ask thoughtful questions—such as “What is the commission structure like for this role?” or “How do you measure success?” or “How have you received commission in the past?...
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Realtor commissions are always negotiable, despite the fact that many real estate brokers have standard commission percentages or flat fee rates.
Does this always happen? You would love to think so, but this is not always the case in the real world. Like many industries, there is a word that gets in the way of people doing the right thing. It is calledGREED! Real Estate is a commission-based business, and when a Realtor mak...
The whole process is governed by the U.S. Securities and Exchange Commission (SEC). The SEC sets strict requirements for which investors can day trade, use margin, or invest in asset classes such as hedge funds or private equity. The SEC also regulates the filing process for public companies...
Who covers the buyer’s agent commission? In the past, sellers generally covered both buyer and seller’s agent fees. As of Aug. 17, buyers will be responsible for paying their agents a fee. Remember, your agent’s compensation is fully negotiable. ...
The National Association of Realtors agreed toa $418 million settlementlast week in anantitrust lawsuitwhere a federal jury found the organization and several large real-estate brokerages had conspired to artificially inflateagent commissionson the sale and purchase of real estate. ...
Now, imagine that, for whatever reason, I need $100K in cash for a few days. I could sell my house, but net of the realtor’s fee, I am left with less than $100K. I could take out a home equity loan, but this is expensive too. By far the cheapest way to acquire the short-...
The National Association of Realtors (NAR) is a national organization ofreal estatebrokers, known asrealtors, created to promote the real estate profession and foster professional behavior in its members. The association has its owncode of ethicsto which it requires its members to adhere. As of...
A realtor is a National Association of Realtors (NAR) member. Professionals who may hold the title of realtor include agents who work as residential and commercial real estate brokers, salespeople, and property managers. Realtors must abide by the NAR’s code of ethics....